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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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vikingsfantasy vikingsfantasy
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2 years ago
According to the Mortgage Bankers Association, 11% of U.S. mortgages were delinquent last year. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure. A random sample of eight mortgages was selected. What is the probability that less than three of these mortgages are delinquent?

▸ 0.7044

▸ 0.7525

▸ 0.8236

▸ 0.9794
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
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mwiebemwiebe
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2 years ago
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vikingsfantasy Author
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2 years ago
Good timing, thanks!
Marctheshark
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
Alina01978
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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